(MRO) Marathon Oil complete technical analysis [charts+indicators] | Buy/Sell Marathon Oil | (MRO) share price targets
Complete technical analysis of Marathon Oil (MRO) by charts plus indicators, forecast predictions and share price targets for Marathon Oil (MRO)
Marathon Oil trades in USA in Energy sector.
Showing technical analysis as on 2024-09-06 View latest technical analysis
10 day averaged volume of Marathon Oil is 5670746
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 26.72 | 27.09 | 27.36 | 26.65 | 0.994 times |
| 05 Thu Sep 2024 | 27.07 | 27.57 | 27.60 | 27.05 | 0.9 times |
| 04 Wed Sep 2024 | 27.35 | 27.89 | 28.08 | 27.32 | 1.078 times |
| 03 Tue Sep 2024 | 27.71 | 28.12 | 28.20 | 27.49 | 1.272 times |
| 30 Fri Aug 2024 | 28.65 | 28.48 | 28.74 | 28.33 | 1.294 times |
| 30 Fri Aug 2024 | 28.65 | 28.48 | 28.74 | 28.33 | 1.294 times |
| 29 Thu Aug 2024 | 28.85 | 28.44 | 29.05 | 28.26 | 0.787 times |
| 28 Wed Aug 2024 | 28.26 | 28.13 | 28.29 | 27.91 | 0.762 times |
| 27 Tue Aug 2024 | 28.33 | 28.55 | 28.67 | 28.26 | 0.88 times |
| 26 Mon Aug 2024 | 28.60 | 28.57 | 28.99 | 28.48 | 1.034 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 26.7, for a target of 27.4 or 27.95
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.49 |
| Downside Target | 26.65 |
| Upside Target | 28.23 |
| Upside Target | 28.33 |
| Upside Target | 28.57 |
| Upside Target | 28.74 |
| Upside Target | 29.02 |
| Upside Target | 29.05 |
| Upside Target | 29.35 |
| Upside Target | 29.74 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 26.18 |
| Downside Intraday Target | 25.64 |
| Upside Intraday Target | 27.73 |
| Upside Intraday Target | 28.74 |
| Upside Intraday Target | 27.19 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 26.72 | 28.12 | 28.20 | 26.65 | 3.28 times |
| 30 Fri Aug 2024 | 28.65 | 28.48 | 28.74 | 28.33 | 0.272 times |
| 30 Fri Aug 2024 | 28.65 | 28.57 | 29.05 | 27.91 | 1.016 times |
| 23 Fri Aug 2024 | 28.09 | 28.25 | 28.57 | 27.47 | 1.029 times |
| 16 Fri Aug 2024 | 28.16 | 27.45 | 28.23 | 27.30 | 0.869 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Marathon Oil (MRO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 26.72 | 28.12 | 28.20 | 26.65 | 0.184 times |
| 30 Fri Aug 2024 | 28.65 | 28.22 | 29.05 | 25.74 | 1.056 times |
| 31 Wed Jul 2024 | 28.05 | 28.85 | 29.74 | 27.24 | 0.777 times |
| 28 Fri Jun 2024 | 28.67 | 29.00 | 29.02 | 27.06 | 0.617 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Marathon Oil (MRO)
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Marathon Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
Marathon Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Marathon Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 28.03 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Marathon Oil (MRO) stock. Volume based technical analysis of Marathon Oil (MRO) stock is negative.
Marathon Oil Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Marathon Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
Marathon Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Marathon Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 28.03 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Marathon Oil (MRO) stock. Volume based technical analysis of Marathon Oil (MRO) stock is negative.
Marathon Oil Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.